Cryptomarket
SHIB Swing Long Idea -SHIBA Memecoin TrendSHIB is the second-largest memecoin of all time, and I believe it hasn't reached its full potential yet. We've recently seen huge rallies in DOGE and BONK (refer to my previous analysis, where we captured over a 50% rise in BONK in just two days). I expect SHIB and DOGE to continue surging in the coming weeks. Notably, SHIB hasn’t reached its Spring 2024 high yet, unlike other memecoins, which gives me additional confidence that SHIB has much more room to grow.
Technical Analysis: Price is rebounding from a monthly demand zone and has created a weekly demand zone by breaking the bearish trendline that has governed the downtrend since Spring 2024.
I'm expecting a retracement back to the weekly demand (marked as the purple zone), which aligns with the Optimal Trade Entry (OTE). It may retrace as far as the trendline, or it may not. I'll be looking for confirmations within the purple zone, labeled 'Max Discount Zone.
SL: 0.0152
TP: 0.0456 (Spring 2024 high)
AR Long Spot Trade (Support Zone) Market Context: AR has moved into a key support zone, presenting an opportunity to ladder into a long spot position. This range provides a favorable risk-to-reward ratio if support holds and the price reverses upwards.
Trade Setup:
Entry: Ladder in between $11.00 - $12.75
Take Profit:
First target: $17.50 - $20.00
Second target: $24.00 - $26.50
Stop Loss: Just below $10.00 (daily close)
This setup seeks to capitalize on the support zone for a potential reversal. #AR
TOTAL to 7 to 10TWith BINANCE:BTCUSDT at a new ATH of 90k it brings up the rest of the market and raises all boats.
We are still in November of 2024 right after the election. Lots of people remained sidelined and lots of capital is sidelined. Come next year all the investments that are up on the year that have been invested in equities and any other assets will get their appreciation reinvested at an alarming rate due to it being the beginning of the year.
I say that to say this: things could get very silly in crypto and a 7 to 10 trillion TOTAL crypto marketcap is a very real possibility in the next 1-2 years.
It is not a guarantee but the time to position into risk assets is now quite frankly. It was a better time to position in back during the summer but now we have a clearer vision we are headed down with the election behind us.
I wish anyone investing and trading a great end of the year and an even better next year.
Never get liquidated. Keep clicking.
Retail Traders Are Waking Up | Here’s How to Spot the SignsWhy Are Our Parents Texting Us About Bitcoin? It’s Getting Weird
Thanks to crypto,now I know my entire extended family and even my ancestors!
Some of them hadn’t spoken to me in a thousand years, but now they’re calling me “Bruh”
(And no, I’m not a vampire, by the way!)
Here’s why I think a retail fueled wave might be about to hit the crypto market
1/ A spike in Google searches for "crypto"
2/ Coinbase App Store rankings
The Coinbase app just shot up from #155 to #18 in two days
3/ Dogecoin and Squirrel on the rise
Retail traders have a soft spot for Doge , Cardano and memecoins.
Guess which top 10 tokens surged the most in the last week? bunch of retail traders who’ve held CRYPTOCAP:DOGE and CRYPTOCAP:ADA since the last bull run are probably getting alerts that their investments are bouncing back.(That’s one way to grab their attention)
4/ Bitcoin featured on Bloomberg's front page
Mainstream news = mainstream visibility = more pump = more lambo!
5/ Texts from our parents ( Are you winning son? )
The unique skill of being both endearing and critical at once a true dad specialty
6/ Ronald McDonald has joined the chat…
McDonald's just teased a new collaboration with Doodles (yes, the NFT project). It kicked off last week…Now, any one of these signs might not mean much alone
But taken together, they start to tell a different story.
Falling air pressure, strengthening winds, darkening skies… it looks like a retail storm might be on the horizon..Brace yourselves! The good news? This time might not be different.
Earlier in the year, there was concern about a potential “left translated cycle.”
(Translation: crypto prices rising faster than expected).
At first, that sounds great! (Who wouldn’t want a quicker path to wealth?)
But the catch is, the shorter the window for prices to peak, the harder it is to time safely
(you’d have days instead of weeks or months to sell near the top)
When Bitcoin reached all time highs ahead of the halving in March (a first), many traders started feeling “left-translated” jitters. If we stay on this track and hit the same average returns as the past three halving years, we could be looking at a ~$ 126k Bitcoin by year’s end!
Here’s hoping this time really isn’t different! BTC just hit a new ATH again!! STOP
$BTC is VOLATILE SO DONT PANIC SELLSimple chart here showing the red trend line I placed on the chart 4 days ago or so i posted other idea of it.. left it there just updated and for different time period this time. Also lower projection. Thanks I am new to chart making so it may not be perfect,, but red line again was placed there as a "guess" market move and it kinda has :P anyway enjoy :)
Rune ChartHey,
Last one for now.
This one is RUNE, one of my favorites.
I started sharing this on IG when we were tanking towards 1, which was crazy value.
Nevertheless, this one still has a decent risk to reward.
Personaly around $20-$25 is where I exit.
This is due to the risk to reward of other projects.
Depending on where the market is sitting.
I believe that RUNE can do more, but if there are projects undervalued at that moment.
I like to transfer, exit and keep this a bit shorter-term.
Kind regards,
Max
BEAM ChartHey,
The second chart I would like to share..
Is the one.. called BEAM.
BEAM is a cryptocurrency that focuses on privacy, scalability, and decentralization, leveraging the Mimblewimble protocol to provide enhanced privacy features.
Trying to fix some of the challenges of existing blockchain networks:
scalability
privacy
storage
With that said, I have some gaming exposure, this is my largest one regarding this industry.
Price is moving from the demand area, expecing some clean volatility now.
Here's my 1st target.
Kind regards,
Max
ETH ChartHey hey,
As promised on other platforms, I would share some crypto charts here.
ETH has been lagging behind massively, and sits in some supply now.
The ATH is not even in sight and price is not close to the 2024 high either.
While price is battling $3400.
Break this, and 2024 highs are next.
The largest obstacle remains the supply zones at $4300.
I believe in more upside towards $7000, but need to see price-action when we reach the large obstacle and current ATH zone of $4300.
Let's see if the daily chart creates a higher low this week.
Kind regards,
Max
BITCOIN Weekly Chart Update !!Bitcoin has completed a cup-and-handle breakout on the weekly timeframe, accompanied by strong volume, which signals robust bullish momentum. This pattern is typically a bullish continuation pattern, suggesting that BTC has the potential to enter a strong uptrend following this breakout.
The Ichimoku Cloud is also showing a bullish signal, with price action above the cloud, confirming a trend shift in favor of buyers. The cloud's bullish alignment suggests that the current rally has further room for upward movement, potentially setting BTC on course for new highs.
However, pullbacks are common after breakouts as the price retests the previous resistance as support. A pullback to the handle or prior resistance zone would provide an opportunity for bulls to gather strength before pushing Bitcoin to new peaks. Key support levels to watch include previous highs or areas around the handle region, which should act as a launching point for the next leg up if bulls hold steady.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
ARKM Set to Lead AI Sector — $2.86 by EOYARKM Update:
Had to add another post on $ARKM, as it seems many are still fading this one. Currently, ARKM is leading the AI sector, with NYSE:FET and GETTEX:TAO just behind it.
Check out my previous post for more details on entries, as this update provides a macro view following last week's expansion candle confirmation.
I’m expecting to see $2.86 before the end of the year (EOY). An all-time high (ATH) is imminent—just need to time it right, and it could potentially hit within a month or two.
HolderStat | BTC retail traders are buying🔥 Bitcoin has risen significantly recently, reaching a new ATH of $89,940.
🔎 The volume of “Bitcoin” search queries on Google Trends has also hit a new high from June 2022.
Crypto-betting platform Polymarket estimates the probability of bitcoin reaching $100,000 by the end of 2024 at 62% 🎲
🚀 Bitcoin's capitalization has surpassed that of silver - the first cryptocurrency now ranks eighth among the world's largest assets.
The analysis of the wallets we tracked led us to the following conclusions 👇
💡 Looking at the state of our indicator and the operations of the tracked wallets, we can say that long-term holders have already started to close their positions little by little, while cautious traders only bought after the trend confirmation. All this means that BTC will continue its growth, but altcoins will show the biggest growth in the next month.
Solana Targeting All-Time Highs – SOLANA SWING LONGSolana has hit all the targets I shared here weeks ago!
I hope you took some profits. We've reached the third and final target—the March 2024 high. Now, it looks like we're retracing back into the weekly demand zone. I expect a potential bounce from the top of this zone, which aligns with the Fibonacci retracement. From there, we could see price movement toward new all-time highs.
I’ll be watching for lower-time-frame confirmations to enter the trade. Price could wick all the way into the weekly demand and fail to close below, especially if Bitcoin drops impulsively. So, look for confirmations first.
Stop Loss: 153
Target 1: 225
Target 2: 260
Outstanding Performance of the Sentiment Cycle IndicatorThe Sentiment Cycle Indicator has once again showcased its power in predicting market moves accurately, as highlighted in this Bitcoin analysis on the 15-minute timeframe. The indicator’s ability to adapt and detect different market conditions, including sideways consolidation, strong uptrends, and timely reversal signals, makes it a valuable tool for any trader.
• Precise Sideways Market Detection: The indicator successfully identified the choppy, range-bound market, saving traders from false signals during low volatility periods.
• Accurate Trend Captures: With clear buy signals during strong uptrends and sell signals during reversals, the indicator provided high-quality entries and exits.
• Enhanced Trading Experience: The visual color zones (green for bullish, red for bearish) made it easy for traders to interpret market sentiment and take action confidently.
NEAR Long Spot Trade (Double Bottom & 200 EMA Retest)Market Context: NEAR is showing a bullish double bottom pattern at a key support level. With the Stochastic RSI indicating a peak, a slight retracement is expected before testing the 200 EMA, setting up a potential move to the upside.
Trade Setup:
Entry: Enter a trade between $4.50 and $5.00
Take Profit Targets:
First target: $6.23
Second target: $7.35
Third target: $8.20
Stop Loss: Daily close below $4.00
This setup leverages the double bottom formation and tests of the 200 EMA as confirmation for a continuation of the upward trend. #NEAR
TON Long Spot Trade (Structure Shift & 21 EMA Reclaim) Market Context: TON has shifted its market structure, reclaiming the 21 EMA as support. This signals a potential upward move, providing a good entry point at current levels.
Trade Setup:
Entry: Enter a trade around $5.00
Take Profit Targets:
First target: $5.92
Second target: $6.84
Third target: $7.83
Stop Loss: Daily close below $4.50
This strategy aims to capitalize on the momentum shift, with tight risk management given the support level reclaim. #TON
Nov.05-Nov.11(ETH)Weekly market recapLast week, Trump defeated Democratic candidate Harris on Wednesday to win the 2024 U.S. presidential election, following his promises of several supportive cryptocurrency initiatives that are expected to materialize. These include the dismissal of the Chair of the U.S. Securities and Exchange Commission (SEC), the establishment of a strategic BTC reserve to hold digital currencies obtained from assets seized from financial criminals by the federal government, and the promotion of the U.S. BTC mining industry, with the hope that the remaining global BTC will be mined in the United States.
Currently, the U.S. is in a rate-cutting cycle, with a reduction already implemented on November 8, and another expected this year. As long as the CPI data on November 13 does not exceed expectations, the likelihood of further rate cuts is significant.
Last week, there was a substantial net inflow into ETH ETFs, indicating that following Trump's victory, the favorable monetary policy has sparked optimism and speculative behavior among investors, leading to a significant influx of capital into the cryptocurrency market.
Given the current landscape, the cryptocurrency-friendly regulatory environment, the substantial inflow of funds into ETH ETFs, and the macroeconomic benefits of the Federal Reserve's rate cuts are all catalysts for ETH's rise last week and its potential future increases.
Under the leadership of BTC, ETH exhibited a one-sided upward trend last week, with the increase nearly compensating for the decline experienced since July of this year. The WTA indicator has shown blue bars, indicative of whale activity, suggesting significant capital inflow. Meanwhile, the orange wave area of the ME indicator is rapidly tightening, signaling a weakening of bearish sentiment.
In summary, we anticipate that ETH may rise this week, although caution is warranted regarding potential pullbacks. We have adjusted the resistance level to 3400 and the support level to 3000.
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
The Ultimate Pullback - PotentiallyWe all know Bitcoin is going to the moon. And eventually Mars with Elon.
In the meantime though, what we all also really want to happen, is an immaculate pullback to its breakout point. And the most effective trading strategy there is, the pullback to prior highs to confirm support and send it to the moon.
Now, if we actually end up grinding up slowly. That would be 10x better. Imagine Bitcoin moving like the S&P500, just a wee bit faster. Meaning, we get a nice structuring market on the way up, instead of the normal massive doubling/tripling and then a huge pull back later on. If this were the case, it would pave way for a multi year bullmarket.
Time tells the story though. And historically, Bitcoin does retest its prior highs. Though, it tends to be closer to the 2 year mark after the breakout and new All Time highs are made. This would keep it the classy act that it has been. Booming 300%+ and pulling back 80-90% of that move.
Shorts will love it. Longs will Love it. And now with the Corpo's and all their avenues to trade it, Option sellers are really, really going to love that 90% pullback eventually.